eToro vs Robinhood compared

Online brokers compared for fees, trading platforms, safety and more. See how eToro stacks up against Robinhood!

eToro
Robinhood
eToro
4.8
Your capital is at risk
Robinhood
4.3

Last update of dataJul 2022

eToro

eToro is a global social trading broker. It is regulated by top-tier authorities such as the UK FCA or Australia's ASIC.

Recommended for traders interested in social trading (i.e. copying other investors’ trades) and zero commission stock trading.

Robinhood

Robinhood is a US-based zero-commission broker. It is overseen by FINRA, a top-tier regulator.

Recommended for beginners and buy-and-hold investors focusing on the US stock market.

eToro's service is slightly better than Robinhood's and a comparison of their fees shows that eToro's fees are slightly higher than Robinhood's.

Account opening takes about the same effort at eToro compared to Robinhood, deposit and withdrawal processes are more seamless at eToro, while customer service quality is similar to Robinhood's.

Our experts rated the trading platform of eToro as being of the same quality as the platform of Robinhood, found that clients have access to more markets and products with eToro, while Robinhood provides somewhat lower-quality research and education.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Basic data of broker

Overall Score
4.8

Recommended for Traders interested in social trading (i.e. copying other investors’ trades) and zero commission stock trading

Best broker for cryptos

Overall Score
4.3

Recommended for Beginners and buy-and-hold investors focusing on the US stock market

Country of origin

Israel

Country of origin

USA

Fees

Fees score
4.4
Fees score
4.9
Fees summary

Low trading fees, high non-trading fees, free stock and ETF trading

Fees summary

Low trading and non-trading fees, free US stock and ETF trading

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
3.9
Deposit and withdrawal score
2.3
Number of base currencies

1

Number of base currencies

1

Deposit type

Withdrawal type

Account opening

Account opening score
5.0
Account opening score
5.0
Account opening fully online
Account opening fully online
Minimum deposit
*

$50

*
Minimum deposit
*

$0

*
Time to open account

1 day

Time to open account

1 day

Required documents

Proof of identity: passport / personal ID Proof of residency: utility bill

Required documents

Proof of identity: SSN and ID / passport / driver's license

Trading platform

Web platform score
4.4
Web platform score
4.5
Mobile platform score
4.7
Mobile platform score
5.0
Desktop platform score
-
Desktop platform score
-

Markets and products

Markets and products score
4.3
Markets and products score
2.7
Stocks
Stocks
*
*
Fractional shares
*
*
Fractional shares
*
*
ETFs
ETFs
*
*
Forex
*
*
Forex
Funds
Funds
Bonds
Bonds
Options
Options
*
*
Futures
Futures
Crypto
*
*
Crypto
*
*
CFDs
CFDs
CFD disclaimer

Disclaimer: 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Research, education

Research score
3.7
Research score
3.1
Charting quality

Great

Charting quality

Poor

Education score
4.8
Education score
1.5
Demo account
Demo account

Customer service

Customer service score
1.5
Customer service score
1.5
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

£85,000 for UK residents, €20,000 for non-UK residents

Investor protection amount

$500,000 (securities up to $500,000, cash up to $250,000)

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

2007

Foundation date

2013

Country of regulation

UK, Cyprus, Australia

Country of regulation

USA

eToro

For detailed information and hands-on experience, read our review of this broker.

Robinhood

For detailed information and hands-on experience, read our review of this broker.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

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